x
husar
Even wilder Yen...
 

I've been trading full time for a few years now, and sporadically since 1990. I always had visions of recognizing some huge move and actually riding it, making tons of money in the process. While I have been relatively successful, it had never happened to me. Even if I was right on direction, positions were not large enough, or I failed to take full advantage of the moves by getting out too soon, or developing cold feet or something else. Until now.
For all practical purposes I rode this entire Yen rally from beginning. Most of that was in a string of short trades across all JPY crosses. I thought all the time we were going to retest the levels from late February/ early March, but I had no idea the move will be a line straight down and so fast. Last Sunday I decided to put my money on GBP-JPY and AUD-JPY and just sit on them. Price action was such, that I didn't see any recognizable sell signals (at least not the kind I look for). I simply went short at the open last Sunday.



 

Thursday night my time I got out and decided to enjoy my trades of a life time by not entering any new positions on Friday and possibly ruining this whole experience.
Our website has been updated. Just follow the link.

http://www.spectrumforex.com/weeklycomments/08192007.html



Here is my AUD-JPY trade. Identical to GBP-JPY with just as stunning results.




 

n all this JPY hoopla, some other things were overlooked. I also had been eying AUD and NZD to the downside. There were some older trades and new ones from few days ago which I also closed Thursday night. They also turned out to be great trades.

 



 

And here is NZD run.



 

This is precisely why I decided to trade full time. To get trades like these. Over the years I placed over 20,000 trades and NONE of those were like these. Truly an experience of a lifetime. I fully realize something like this might never repeat itself, or I might go through years of roller coaster rides before it happens again, so let me enjoy it.
For some time I've been donating money and sometimes volunteering to a local animal shelter, so on Friday I went over there and surprised everybody with a very nice donation. Money will do some good there.

Husar.

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